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Manu Kaushik
New Delhi, September 5, 2018
It was among the wisest decisions taken, when the Finance Ministry junked Air India's demand for a Rs 30,000-crore fund infusion, reportedly because the airline didn't present a turnaround plan.


PTI
New Delhi, September 5, 2018
Airlines around the world do not have to pay taxes on oil and therefore are emerging stronger


BusinessToday.In
September 4, 2018
After putting disinvestment of debt-ridden Air India on the back burner, the government is set to infuse Rs 2,100 crore into the loss-making national carrier.


BusinessToday.In
September 3, 2018
The incident took place on August 30 when Air India flight AI 102 was on its way to New Delhi from New York. Following the incident, junior Aviation Minister Jayant Sinha had directed Air India to follow up the matter immediately and report back to the Ministry and aviation regulator DGCA.


BusinessToday.In
New Delhi, August 31, 2018
India got its first drone policy on Monday. The Ministry of Civil Aviation unveiled the policy that will enable safe and commercial use of drones in India from December 1. Watch BusinessToday.In video. 


Anilesh S Mahajan
New Delhi, August 30, 2018
Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.


PTI
August 29, 2018
The Parliamentary Standing Committee on Transport, Tourism and Culture -- headed by TMC leader Derek O' Brien -- also sought details about funds infused by the government into Air India, which has been making losses for long.


Manu Kaushik
New Delhi, August 28, 2018
In India, the drone policy presents a huge opportunity for both private and government sectors.


BusinessToday.in
New Delhi, August 28, 2018
Spicejet operates the first biojet fuel flight for the countrySpicejet's flight yesterday between Dehradun and Delhi was special. The flight was powered by a blend of 75% air turbine fuel and 25% biojet fuel. This was a first for the country which is looking for ways to cut down fuel costs.A blend of 25% of bio jet fuel and 75% of aviation turbine fuel (ATF) was carried in one of the two engines of the plane, while the other engine carried only ATF. International standards permit ...


Rahul Shrivastava
New Delhi, August 27, 2018
The use of drones by civilians is currently restricted by the Directorate General of Civilian Aviation.


BusinessToday.In
New Delhi, August 24, 2018
State-of-the-art Train 18 to replace Shatabdi Express soonAs part of the Railways' plan to increase the speeds of all long-distance passenger trains by 25 km per hour by 2022, it has decided to replace the Shatabdi Express trains with much-awaited semi-high speed 'Train 18'. These trains will be loaded with state-of-the-art amenities and will be used for inter-city travel. The trains are being built under the Make in India initiative at the Integral Coach Factory (ICF) in Chenna...


BusinessToday.In
August 23, 2018
Air India is on the brink of defaulting on bank loan repayments, so the aviation ministry has sought Rs 500 crore from the finance ministry on an urgent basis.


BusinessToday.In
New Delhi, August 23, 2018
Public sector bank CEOs to examine NPA accounts above Rs 50 crore; a report incorrectly says India saved Rs 3 lakh crore by locally manufacturing handsets; and civil aviation ministry's proposal to provide Air India with yet another bailout has been rejected by the Finance Ministry. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
New Delhi, August 22, 2018
Analysts suggest the government's decision to reject fund infusion proposal could have stemmed from the fact that another bailout package might not play in favour of the present government in the upcoming Lok Sabha elections in 2019.


BusinessToday.In
August 21, 2018
Air India Group's Alliance Air yesterday started operations from the naval base. The base is being used for commercial flights as Cochin International Airport is shut till August 26 due to flooding of the runway.


BusinessToday.in
New Delhi, August 17, 2018
Why Indians should be grateful to Atal Bihari VajpayeeAs the nation mourns the loss of former Prime Minister Atal Bihari Vajpayee, it's also time to remember all that he did for India's economy. He started the 'Sarva Shiksha Abhiyaan' with the aim to provide education for all. He made India a nuclear state. Pokhran 2 was conducted during his tenure. He laid the foundation of the Golden Quadrilateral in 1999 for smoother movements of products and people. He's also considered the ...


PTI
August 12, 2018
The Directorate General of Civil Aviation (DGCA) has already evaluated the financial health of the national carrier Air India recently, besides conducting a special audit of Air Deccan, the source close to the development said.


PTI
August 11, 2018
Since there is no historical data on the market and demand from any airlines, the project will be done as a pilot project. The development would pave the way for operation of amphibian planes to enhance air connectivity.


BusinessToday.in
New Delhi, August 10, 2018
Govt working on turnaround plan for Air India, may allow airlines to raise external commercial borrowingAs the Civil Aviation Ministry plans Rs 11,000-crore bailout package for ailing Air India, Aviation Secretary RN Choubey on Thursday confirmed that the centre is working on a turnaround plan to make the debt-ridden airline competitive. Also, the centre is working on ways to let all airlines raise external commercial borrowing to meet the rising operational costs. The decision se...


BusinessToday.In
New Delhi, August 10, 2018
Civil aviation secretary RN Choubey said they are working on a turnaround plan to make Air India competitive and are holding consultations with the finance ministry.


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